Sprintex targets US$4B China MVR market with Bosiwei deal

Chief executive Jay Upton said China's sub-3-tonne MVR market is growing fast because of strict national environmental policies, mandatory Zero Liquid Discharge (ZLD) requirements, and industrial decarbonisation targets. “This co-development agreement expands the application of Sprintex’s MVR compressor technology into a significant industrial market in China, combining our high-efficiency compressor platform with Bosiwei system-integration capability and local customer relationships,” Upton said.

He pointed to the proposed Yufeng project as a validation opportunity. The project would replace legacy 110kW Roots blowers with Sprintex's 30kW compressor in a large-scale operating environment. “Successful testing would provide an important reference installation for Bosiwei’s broader MVR pipeline and, subject to project acceptance and execution of the long-term Supply Agreement, a pathway to recurring compressor supply,” Upton said.

The arrangement lets Sprintex focus on supplying its core compressor technology while leaning on Bosiwei's engineering, integration, and customer-facing capabilities. Upton said the model is consistent with Sprintex's strategy of proving its technology in demanding applications and converting those wins into repeat orders across multiple markets.

Shares in Sprintex traded at 6.7 cents, giving the company a market capitalisation of A$47 million.